Samson Mow Predicts Bitcoin Will Hit $100,000 Soon

Bitcoin Advocate Samson Mow Predicts $100,000 Valuation
Samson Mow, CEO of Jan3 and a well-known Bitcoin advocate, recently shared his optimism on the X social media platform about Bitcoin’s potential to reach the $100,000 milestone, which he playfully referred to as "$0.1 million." Mow is confident that Bitcoin will not only hit this target but will eventually surge to $1 million.
Mow highlighted the growing importance of Bitcoin in a series of tweets and pinpointed two key factors that he believes will drive Bitcoin to the $100,000 mark. According to Mow, the journey to "$0.1 million" begins with Bitcoin surpassing its previous all-time high of $73,750, recorded on March 14. Achieving a new record high would trigger a demand shock, propelling Bitcoin’s value upward.
In recent trading, Bitcoin has shown signs of such momentum, climbing above $71,000 after experiencing a 3.68% increase. This rise was attributed to significant inflows into spot Bitcoin ETFs, with one day’s total reaching $887 million, marking the largest daily inflow since the approval of a Bitcoin ETF in January. Notably, BlackRock’s iShares Bitcoin Trust and the ARK 21Shares Bitcoin ETF were among the beneficiaries of these inflows.
Mow commented on this influx, expressing surprise that Bitcoin’s value remained below "$0.07 million" for an extended period. He also emphasized the importance of having Bitcoin exposure at this point, given its current trajectory and the market dynamics.
For more details on Mow’s predictions and insights into Bitcoin’s future, follow the original article on U.Today.
[Note: This summary is based on information available as of the last update and may not include the latest developments.]